Options to Renew; Special Notice of Non-Renewal. (a) Subject to the conditions hereinafter set forth, Tenant is hereby granted options (individually, a “Renewal Option” and, collectively, the “Renewal Options”) to renew the Term with respect to any or all of the Leased Premises then demised to Tenant (including any Expansion Space) for up to seventeen (17) successive periods of five (5) years each with respect to the Banking Center Properties and for up to seven (7) successive periods of five (5) years each with respect to all other Properties (individually, a “Renewal Term” and collectively the “Renewal Terms”); provided that the Term of this Lease shall not extend for any portion of the Leased Premises within the Banking Center Properties, wherever added to this Lease, beyond September 30, 2104, or for any portion of the Leased Premises within any other Property, whenever added to this Lease, beyond September 30, 2054.
Appears in 4 contracts
Samples: Master Lease Agreement (KBS Real Estate Investment Trust, Inc.), Master Lease Agreement (Gramercy Capital Corp), Master Lease Agreement (Gramercy Capital Corp)
